KINGBOARD COPPER FOIL HOLDINGS LIMITED March 31, 2017 HK$'000 | March 31, 2016 HK$'000 | % Change | |
Revenue | 163,877 | 145,847 | 12.36% |
Cost of sales | (145,317) | (131,862) | 10.20% |
Gross profit | 18,560 | 13,985 | 32.71% |
Other operating income | 709 | 644 | 10.09% |
Distribution costs | (4,287) | (3,834) | 11.82% |
Administrative expenses | (5,862) | (4,414) | 32.80% |
Share of losses of an associate | (1,793) | (2,195) | -18.31% |
Profit before tax | 7,327 | 4,186 | 75.04% |
Income tax expense | (2,284) | (1,828) | 24.95% |
Profit for the period | 5,043 | 2,358 | 113.87% |
Profit for the period attributable to: | |||
Owners of the Company | 4,429 | 1,585 | 179.43% |
Non-controlling interests | 614 | 773 | -20.57% |
Profit for the period has been arrived at after (crediting) charging:
Group 3 Months ended March 31, 2017 March 31, 2016 % ChangeHK$'000 HK$'000
Other operating income
including interest income (709) (644) 10.09% Depreciation of property,
plant and equipment 23,581 26,424 -10.76%
Amortisation of prepaid land
use rights 270 270 0.00%
1(b)(i) A statement of financial position (for the issuer and group), together with a comparative statement as at the end of the immediately preceding financial year. Group Company As at March 31, 2017 As at December 31, 2016 As at March 31, 2017 As at December 31, 2016HK$'000 HK$'000 HK$'000 HK$'000
ASSETS Current assets:Cash and bank balances 1,586,417 1,556,470 - -
Trade and other receivables
and prepayments 55,657 84,453 176 176
Bills receivable 57,442 27,138 - -
Other current assets 650,820 645,931 - - Prepaid land use rights 1,011 1,003 - -
Inventories 23,160 22,371 - -
Total current assets 2,374,507 2,337,366 176 176
Group Company As at March 31, 2017 As at December 31, 2016 As at March 31, 2017 As at December 31, 2016HK$'000 HK$'000 HK$'000 HK$'000
Non-current assets:Investment in subsidiaries - - 393,775 393,775 Investment in an associate 38,722 40,516 13,656 13,656 Due from a subsidiary - - 879,041 882,039
Investment property 5,726 5,683 - - Property, plant and equipment 343,524 360,478 - - Prepaid land use rights 34,719 34,709 - - Other non-current assets - - - - Goodwill 238 238 - -
Total non-current assets 422,929 441,624 1,286,472 1,289,470
Total assets 2,797,436 2,778,990 1,286,648 1,289,646 LIABILITIES AND EQUITY Current liabilities:Due to a subsidiary - - 2,721 2,721 Bills payable 8,229 11,481 - -
Trade and other payables 104,949 104,527 2,423 2,423
Income tax payable 8,233 8,366 38 38
Total current liabilities 121,411 124,374 5,182 5,182
Capital and reserves andnon-controlling interests: Share capital | 560,200 | 560,200 | 560,200 | 560,200 | |
Reserves | 2,089,583 | 2,068,980 | 721,266 | 724,264 | |
Equity attributable to owners | |||||
of the Company | 2,649,783 | 2,629,180 | 1,281,466 1,284,464 | ||
Non-controlling interests | 26,242 | 25,436 | - - | ||
Total equity | 2,676,025 | 2,654,616 | 1,281,466 1,284,464 | ||
Total liabilities and equity | 2,797,436 | 2,778,990 | 1,286,648 1,289,646 | ||
Amount repayable in one year or less, or on demand
As at March 31, 2017 As at December 31, 2016Secured HK$'000 | Unsecured HK$'000 | Secured HK$'000 | Unsecured HK$'000 |
- | - | - | - |
Amount repayable after one year
As at March 31, 2017 As at December 31, 2016Secured HK$'000 | Unsecured HK$'000 | Secured HK$'000 | Unsecured HK$'000 |
- | - | - | - |
Details of any collateral
Not applicable.
Kingboard Copper Foil Holdings Ltd. published this content on 08 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 May 2017 03:39:09 UTC.
Original documenthttp://www.kbcopperfoil.com/upfile/2017050811354278304.pdf
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